SAARC Nations

                                                               

                                                         

SAARC - South Asian Association for Regional Co-operation is an economic and geopolitical organisation of 8 countries primarily South Asia or India Sub-continent, with its head office in Kathmandu.

The combined economy of SAARC is the 3rd in the world after US and China. India makes over 70% of its population and areas among these 8 countries.

The SAARC countries are India, Bangladesh, Bhutan, Maldives, Nepal, Pakistan, Srilanka and Afghanistan.

The idea of regional political and economical co-operation is South Asia was first raised in 2nd May, 1980 by Bangladesh President Ziaur Rahman and the first was held in Dhaka on 8th December, 1985. The new member is Afghanistan as of 2015.

The SAARC policies aims to promote welfare economics, collective self-reliance among the countries of South Asia. The official meeting of the national leaders are held annually whilst the Foreign minister meet twice annually.

The observer status are given to countries like Australia, China, EU, Iran, Japan, Burma, Mauritius, South Korea and USA.

Jeni & Santo

SAVE YOUR AC BILL

                                                           

 AIRTRON

 When it comes to electricity bills, we pay through our nose because of the air-conditioner usage. As AC's had become a necessity rather than  luxury, reducing the EB bill had become a very challenging task. But, Airtron had developed a mechanism which could be fitted to the AC and it is believed that it would bring down electricity consumption by nearly 30% - 35%.

Airton is guaranteed to bring down electricity consumption even as it maintains the fixed amient room temperature. 

It is equipped with dual sensors, the micro - processor based device uses the excess energy in the coil of the conventional AC's that would normally be wasted.

The sensors, one fitted to the coil of the AC and the other for checking the room temperature - works in tandem with the multi - algorithm software to ensure not only energy saving but also maintenance of comfortable room temperature.

Airtron, can be fitted on to any type of AC, including splits, multi-splits, windows, and Inverters for a very minimal cost.

Jeni & Santo

Know Your Bills

                                                              SERVICE TAX

Service Tax is a component that goes to the Central Government, who imposes a levy on the services you enjoy. Earlier, it covered restaurants that were air-conditioned, and served alcohol, but now applies to all eating joints. In the last budget, service tax was upped from 12.56% to 14%, and most restaurants charge it on 40%of the total bill ( including service charge ). The resultant rate of service tax because of the cap of 40% works out to be 5.6%. This rise, as per hoteliers, is responsible for growing consumer resistance.

            

                                                           SERVICE CHARGE

Service Charge is a variable component of the invoice, and falls between 5% and 12%. This money actually is distributed among the kitchen employees and stewards.


                                                           VALUE ADDED TAX

VAT varies between states ( Maharashtra charges 12.5% ) and differs according to category of beverage and food item. For instance, it is 20% for hard liquor, 5% for wine.


                                                                  CHARITY

Some eateries that tie-up with non-profits, add a nominal amount to the bill, which they then pass on to the charity. The fine print of the bill tens to mention it but most guests are unaware that they are playing Good Samaritan, and may even oversee the additional charge of the bill.


Jeni & Santo